Smart Irrigation Market| Emerging Technological Industry Segmentation, Application, Regions and Key News

The report talks about the shift in demands and emerging trends that are expected to drive the growth of the Smart Irrigation market. The rising demand for the Smart Irrigation market is expected to drive the demand for Smart Irrigation market, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.

The global smart irrigation market size reached USD 1,476.3 Million in 2021 and is expected to register a revenue CAGR of 15.2% during the forecast period, according to latest analysis by Emergen Research. Increasing development of smart cities and increasing need to save water and reduce related expenses are key factors projected to support market revenue growth between 2022 and 2030. In addition, increasing need for water management for the future will drive revenue growth of the market.Smart irrigation refers to the use of advanced technologies and connected devices and equipment to monitor, analyze, and control operations in smart agriculture. Water wastage is a serious issue in the agricultural and non-agricultural industries. Better water management methods are required to alleviate the problem. Smart irrigation is an ideal solution to the problem as it will reduce the need for human supervision or intervention, which will aid in transforming the system from static and manual to dynamic and intelligent. This will enable monitoring and regulating the watering process as per need, which will result in more efficient water usage and cost efficiency.

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Market Scope:

One of the report’s central components is the broad Smart Irrigation market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Smart Irrigation market players.

Competitive Outlook: The leading companies operating in the Smart Irrigation market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

The leading market contenders listed in the report are:

Toro Manufacturing LLC, Netafim, Ltd., Hunter Industries, Inc., Rain Bird Corporation, Galcon Controller Agricultural Cooperative Society, Ltd., Telsco Industries, Inc., Hydropoint Data System, Inc., Rachio, Inc., Stevens Water Monitoring Systems, Inc., and Banyan Water, Inc

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Segmentations of the Smart Irrigation Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Smart Irrigation market on the basis of product, application, and region:

Segments Covered in this report are:

  • System Type Outlook (Revenue, USD Million; 2019–2030)

    • Sensor-based
    • Weather-based

  • Component Outlook (Revenue, USD Million; 2019–2030)

    • Sensors
    • Controllers
    • Water Flow Meters
    • Others

  • Application Outlook (Revenue, USD Million; 2019–2030)

    • Agricultural
    • Non-Agricultural
    • Others

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Regional Analysis:

The report sheds light on the region expected to dominate the Smart Irrigation market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Smart Irrigation market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region

Key Points of the Geographical Analysis:

  • Data and information related to the consumption rate in each region
  • Estimated increase in the consumption rate
  • Proposed growth of the market share of each region
  • Geographical contribution to market revenue
  • Expected growth rate of the regional markets

Key takeaways of the Global Smart Irrigation Market report:

  • The report sheds light on the fundamental Smart Irrigation market drivers, restraints, opportunities, threats, and challenges.
  • It elaborates on the new, promising arenas in the leading market regions.
  • It examines the latest research & development projects and technological innovations taking place in the key regional segments.
  • The research report reviews the regulatory framework for creating new opportunities in various regions of the market
  • It focuses on the new revenue streams for the players in the emerging markets.
  • Furthermore, the report offers vital details about the rising revenue shares and the sizes of the key product segments.

Table of Contents

  1. Executive Summary
  2. Research Methodology
  3. Market Overview
  4. Regional Landscape
  5. Global Market Analysis and Forecast by Types
  6. Global Market Analysis and Forecast by Applications
  7. Global Market Analysis and Forecast by Regions
  8. North America Market Analysis and Forecast
  9. Europe Market Analysis and Forecast
  10. Asia Pacific Market Analysis and Forecast
  11. Latin America Market Analysis and Forecast
  12. Middle East & Africa Market Analysis and Forecast
  13. Competitive Landscape

In conclusion, the Smart Irrigation Market report is an exhaustive database that will help readers formulate lucrative strategies. The Smart Irrigation Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities,  challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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